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Sovereign Wealth Funds Briefing - Categorized | Investment, People

Daimler CEO says not in talks with China Investment Corp

Posted on 15 January 2013

Daimler AG is not aware of China Investment Corp’s (CIC) plans to take a stake in the company and is not in talks with CIC, Chief Executive Dieter Zetsche told reporters at the Detroit auto show on Monday.
Zetsche also said Daimler was in talks with China’s BAIC Group about its role in an initial public offering of BAIC’s passenger car unit………………………………………..Full Article: Source


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